News

Shoumatoff, the founder of a Utah retailer with an unusual business model, sold the store to USA Cycling's CEO, Rob DeMartini, earlier this year.

NEW YORK (BRAIN) — Stationary bike vendor Peloton has filed paperwork for an initial public offering. The company plans to trade on the Nasdaq under the "PTON" symbol.
PETALUMA, Calif. (BRAIN) — Kitsbow, a high-end offroad cycling apparel brand, is relocating its factory from California to a new facility near Asheville, North Carolina.

SAN LUIS POTOSÍ, Mexico (BRAIN) — As the Trump administration upends global trade policy with China with punitive tariffs on bicycles, parts and accessories, Mexico’s Grupo Mercurio is eyeing the U.S. market.

BOULDER, Colo. (BRAIN) — Bicycle Retailer & Industry News' editorial staff is preparing a feature on upcoming season youth bikes and related products for our October magazine. The multi-page feature will include photos and reporting about business and product trends for the 2020 season. The feature will provide retailers with an overview of options and trends during the preseason ordering period.
After 40 years of bike biz time, I'd like to pass along one key element to those who are steering brands in the modern, digital world.

SEATTLE (BRAIN) — Rad Power Bikes dropped its lawsuit filed against an Arizona electric vehicle company on Wednesday that sold e-bikes under the Bam Power Bikes brand.
PITTSBURGH (BRAIN) — Dick's Sporting Goods reported store sales increased 3.2% in the second quarter over the same period last year and raised full-year guidance.

SEATTLE (BRAIN) — Rad Power Bikes’ eighth and newest e-bike is its lowest-priced and aimed at the first-time buyer.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Emerald Expositions has canceled its Outdoor Retailer Winter Market show, which had been planned for early November in Denver, and which was to have included a bicycle trade area.

DURANGO, Colo. (BRAIN) — Steve Matous, who became president of the National Interscholastic Cycling Association in May, is the latest guest on the Channel Mastery podcast, presented by BRAIN and Verde Marketing and hosted by Verde's Kristin Carpenter.

AUSTIN, Texas (BRAIN) — Woom, which has offered high-end youth bikes to U.S. consumers since 2014, is launching its first youth-size mountain bikes this fall.